Spilt milk: Revenue continues to decline due to plummeting global dairy prices

The Dairy Cattle Farming market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.


Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Annual Growth
2012 - 2017
Annual Growth
2017 - 2022

Industry Analysis & Industry Trends

The Dairy Cattle Farming industry has faced volatile externalities over the past five years. Demand fluctuations, global market shifts and fluctuating farmgate prices have influenced industry revenue. Plummeting global dairy prices have heavily influenced the industry's performance over the past two years. Industry revenue is forecast to fall at an annualised 0.7% over the five years through 2016-17, to $3.9 billion. Furthermore, the national dairy herd is expected to decline during 2016-17, which is likely to reduce national milk production. These trends, coupled with decreased farmgate prices for raw milk due to low global dairy product prices, are projected to depress industry revenue by 5.6% in 2016-17...

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Industry Report - Industry Locations Chapter

The industry is concentrated in high rainfall areas along the coast of southern and eastern mainland Australia, the south-west corner of Western Australia, and Tasmania. In addition, there is some dairy farming in irrigated inland areas around the border of Victoria and New South Wales, and on the Atherton Tablelands in Queensland. This spread reflects the importance of rain or irrigation for pasture growth. Most dairy farming in Australia is pasture-based and with a good supply of rain or irrigation, cows can be grazed on pasture year-round.

Victoria is by far the most prominent state in the industry, followed by New South Wales. The strong concentration of farms in Victoria reflects the state's rich soils and temperate climate. Vic..

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Industry Products

What is the Dairy Cattle Farming Industry?

Operators in the Dairy Cattle Farming industry mainly raise and milk dairy cattle. The industry is made up of numerous small dairy farms that produce raw milk. These farms are mostly family owned and operated.

Industry Products
Milk for manufacturing
Drinking milk
Industry Activities
Dairy cattle farming
Raw cattle milk production

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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